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Ohio Utica Shale

Coast Guard to approve barge shipments of fracking wastewater

By Bob Downing Published: October 31, 2013

The U.S. Coast Guard issued a proposal on Tuesday allowing barges to carry hydraulic fracturing wastewater in bulk.

That gives energy companies an additional option for moving the chemicals to storage or reprocessing centers away from the drilling site.

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ATEX pipeline to begin ethane service in December

By Bob Downing Published: October 31, 2013

A Texas company reported that its 1,230-mile Appalachia to Texas Pipeline will begin service in December.

Enterprise Products Partners said the ATEX pipeline will carry ethane from the Utica and Marcellus shales to Texas.

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Kasich turns valve at Harrison Hub fractionation complex

By Bob Downing Published: October 31, 2013

On Monday, Ohio Gov. John Kasich stopped by Scio in Harrison County to "turn the valve" at the new Harrison Hub complex.

The fractationation plant for liquids opened last July and is already being expanded.

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Carroll County group to learn about methane, water on Nov. 14

By Bob Downing Published: October 31, 2013

Carroll Concerned Citizens will learn about methane in ground water near gas wells on Nov. 14.

The speaker will be Amy Townsend-Small, a University of Cincinnati assistant professor of geology.

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Columbus to host Nov. 12 forum on radioactive fracking waste

By Bob Downing Published: October 31, 2013

Ohio activists will hold a public forum on "Radioactive Frack Waste" on Nov. 12 in Columbus.

The program will begin at 7 p.m. at the main branch of the Columbus Metropolitan Library, 96 S. Grant St.

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Home rule issues on Nov. 5 ballot in three Ohio cities

By Bob Downing Published: October 31, 2013

Voters in three communities in northern Ohio will vote on Nov. 5 on "home rule" issues linked to drilling for natural gas.

The communities are Youngstown, Bowling Green ande Oberlin.

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Report finds high water consumption, waste generation in Marcellus

By Bob Downing Published: October 31, 2013

Media Advisory For: October 30, 2013

 

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New EIA map looks at Gulf Coast petroleum infrastructure

By Bob Downing Published: October 31, 2013

From the U.S. Energy Information Administartion:

In recent years, midstream U.S. crude oil infrastructure has adapted to increased onshore oil production, leading to some changes in crude oil and petroleum product movement around the country. To help users understand and keep up with changes in petroleum infrastructure, the U.S. Energy Information Administration has added new petroleum layers to the maps on its State Energy Profiles and Energy Disruption pages.

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Ohio has drilled 597 Utica wells, 169 wells in production

By Bob Downing Published: October 31, 2013

Ohio has permitted 953 Utica shale wells, as of Oct. 26.

The state has seen 597 wells completed and 169 of those wells are producing, according to the latest information from the Ohio Department of Natural resources.

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Ohio shale producing $12.2 billion in projects, law firm says

By Bob Downing Published: October 31, 2013

The Columbus law firm of Bricker & Eckler has compiled an eight-page of pipeline and natural gas processing facilities being built in eastern Ohio with its Utica shale.

The list by attorney Matt Warnock includes 82 projects.

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Spain completes drilling ground rules for fracking

By Bob Downing Published: October 30, 2013

From Bloomberg News:

By Todd White

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Drilling water, mud destroy West Virginia house

By Bob Downing Published: October 30, 2013

A house in West Virginia's Ohio county was destroyed last week by 6,000 gallons of water and drilling mud.

The materials entered Becky and John Wieczorkowski's Valley Grove home via an abandoned water well. The water and mud flooded and ripped the hosue apart.

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New York eco-groups against proposed rules for LNG facilities

By Bob Downing Published: October 30, 2013

From the Associated Press:

A coalition of groups dedicated to keeping New York state’s 5-year-old ban on fracking in place is demanding that the Department of Environmental Conservation withdraw its proposed regulations for new liquefied natural gas facilities, citing safety concerns and other issues.

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Americans against new energy teaxes, industry survey says

By Bob Downing Published: October 30, 2013

From the American Petroleum Institute:

WASHINGTON, October 29, 2013 – Fifty-six percent of voters nationwide oppose changes to the tax code that could decrease investment in energy production and reduce energy development in the United States, according to a new poll conducted by Harris Interactive for API’s “What America is Thinking on Energy Issues” series.

“An energy and manufacturing revolution is taking place in America,” said API Director of Tax and Accounting Policy Stephen Comstock. “Well-crafted tax reform could complement America’s rise as an energy superpower. But badly done, tax reform could significantly harm America’s energy production, cost jobs and revenue to the government, and make us less energy secure.”

Fifty-four percent of Democrats, 63 percent of Republicans, and 56 percent of Independents said they would oppose changes in the tax code that could decrease investment in energy production and reduce energy development in the United States.

An overwhelming majority of voters (81 percent) agreed that politicians in Washington should solve the country's budget issues without raising energy taxes.

“Whenever the debate in Washington turns to spending and debt, a few politicians repeatedly haul out proposals for punitive tax increases on oil and natural gas,” said Comstock. “This is not a popular idea.”

Ninety-one percent of voters said developing more domestic energy here in the U.S. is important, a sentiment reflected by API’s 15 million strong and growing network of grassroots activists. Majorities also felt that raising taxes on oil and natural gas companies could drive up energy costs for consumers (69 percent) and negatively impact the country’s job market and hurt the economy (56 percent).

API is a national trade association that represents all segments of America’s technology-driven oil and natural gas industry. Its more than 550 members – including large integrated companies, exploration and production, refining, marketing, pipeline, and marine businesses, and service and supply firms – provide most of the nation’s energy. The industry also supports 9.8 million U.S. jobs and 8 percent of the U.S. economy, delivers $85 million a day in revenue to our government, and, since 2000, has invested over $2 trillion in U.S. capital projects to advance all forms of energy, including alternatives.

 

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Marcellus natural gas pipelines benefit New York, New Jersey

By Bob Downing Published: October 30, 2013

From the U.S. Energy Information Administration today:

Oct 30, 2013

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Beck Energy sues attorneys, law firms over Monroe County fight

By Bob Downing Published: October 30, 2013

A Portage County drilling company has sued two Akron attorneys and two Akron law firms for defamation, tortious interference and conspiracy.

Named in the lawsuit filed by Beck Energy Corp. of Ravenna were attorneys Richard V. Zurz Jr. and Mark A. Ropchock and their firm, Slater and Zurz LLP. Also named defendants were Roetzel and Andress LPA.

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Ohio's Bridge Industries acquires interest in TransTech Energy

By Bob Downing Published: October 30, 2013

A press release from Ohio's Bridge Industries:

News Release

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Crosstex Energy to expand in Permian Basin of Texas

By Bob Downing Published: October 30, 2013

A press release from Crosstex Energy:

DALLAS, October 28, 2013 – The Crosstex Energy companies, Crosstex Energy, L.P. (NASDAQ: XTEX) (the Partnership) and Crosstex Energy, Inc. (NASDAQ: XTXI) (the Corporation), today announced the Partnership will expand its natural gas gathering and processing system in the Permian Basin by constructing a new natural gas processing complex and rich gas gathering pipeline system. The initial investment of approximately $140 million will include treating, processing and gas takeaway solutions for regional producers. The project, which will be fully owned by the Partnership, is supported by long-term, fee-based contracts.

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Lithuania plans new shale bidding, after Chevron withdraws

By Bob Downing Published: October 30, 2013

From Bloomberg News:

By Bryan Bradley

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Analysts offer views on CONSOL Energy, its shift to natural gas

By Bob Downing Published: October 29, 2013

From New York-based Sterne Agee analysts on Consol Energy:

Michael S. Dudas, CFA (646) 376-5329 / Satyadeep Jain, CFA (646) 376-5357
Cash For Gas - Partial Coal Asset Monetization Bringing More Clarity to Consol's Long-Term Plans - Reaffirm Buy Rating


Our Call
We expect investors will increasingly support this current step regarding Consol Energy's emergence into an energy growth vehicle. Generating a higher than expected value for a portion of its capitalized, non-core thermal coal assets while de-risking its balance sheet and providing accretive growth capital for its shale holdings should allow valuation to improve as coal and natural gas markets normalize. We would add to positions.

• Value for Non-Growth Assets. Management appeared to facilitate a very well-matched sale for its well-capitalized thermal mines while retaining very strong, flexible, and higher value operations. Securing cash, future royalties from select mines, and relieving itself of legacy obligations provided a well-structured transaction for stakeholders, in our view.

• Hidden Value Emerges. Management has consistently communicated its desires for the market to apply more appropriate values its coal/related assets and to provide more visibility to the growth potential of Consol's Marcellus and Utica Shale holdings. During the past eighteen months, Consol's equity valuation has well outperformed its coal, but underperformed its shale peers. While not the best of times to sell coal assets, the valuation applied by the purchaser, privately owned Murray Energy, serves to validate a portion of management's desire.

• Execution the Key. As management continues to work on one or two other asset monetization transactions to further recapitalize its company during the current quarter, we expect the market will place increased focus on its reserve positioning and growth as well as drilling, infrastructure, and gas production growth plans relative to its Eastern shale-oriented peers

• Lots of Moving Parts; However, More Value Remains. Our initial analysis of the transaction, balance sheet, and EBITDA adjustments supports shares that remain underpriced at current levels. We believe that as additional, but smaller sized, non-core asset sales emerge, thermal and metallurgical coal market prices normalize and Consol's shale profile achieves targeted growth, the valuation gap should continue to narrow during the next 12-18 months.

• Tomorrow morning, Consol Energy reports Q3 2013 results and senior management plans to meet with investors and analysts in NYC.

 

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A new look at McClendon's return to Ohio's Utica shale

By Bob Downing Published: October 29, 2013

EnergyWire on Monday reported on Aubrey McClendon's return to Ohio and its Utica shale.

McClendon, the former CEO of Okalhoma-based Chesapeake Energy Copr., was ousted last spring.

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Pittsburgh Post-Gazette interviews Teresa Heinz Kerry

By Bob Downing Published: October 29, 2013

Teresa Heinz Kerry was interviewed in Sunday's Pittsburgh Post-Gazette on upheavals in the powerful Pittsburgh foundation and its role in establishing a new center on shale drilling that has come under fire.

Click  here  to read the full story.

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Cabot gets injunction against trespassing Pennsylvania activist

By Bob Downing Published: October 29, 2013

A Pennsylvania driller has been granted a preliminary injunction to keep an anti-fracking activist from trespassing on its leased property and roads.

Cabot Oil & Gas Corp. of Houston, Texas, filed the petition for injunction in Susquehanna County Court against natural gas opponent Vera Scroggins.

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Hickory Bend processing plant in Mahoning County is dedicated

By Bob Downing Published: October 29, 2013

Ceremonies were held on Monday to dedicate the new Hickory Bend natural gas processing plant in Mahoning County.

The project includes 55 miles of gas-gathering lines in Ohio and western Pennsylvania.

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Pennsylvania DCNR hires former Chesapeake Energy executive

By Bob Downing Published: October 29, 2013

Pennsylvania's Department of Conservation and Natural Resources has hired former Chesapeake Energy executive Brian Grove as its new deputy secretary for administration.

Grove previously served as senior director of corporate development for Oklahoma-based Chesapeake Energy Corp, the No. 1 player in the Marcellus shale.

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Fracking critic Steingraber tp speak on Nov. 2 at Bowling Green

By Bob Downing Published: October 29, 2013

 

A press release from the FreshWater Accountability Project Ohio:

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Eco-group files lawsuit against Warren wastewater plant

By Bob Downing Published: October 29, 2013

From the Associated Press:

An environmental group has filed a lawsuit against a western Pennsylvania wastewater treatment plant.

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California review of new fracking rules may take 18 months

By Bob Downing Published: October 29, 2013

From Bloomberg News:

By Lynn Doan

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Eco-group asks BLM to postpone, impose restrictions in grouse area

By Bob Downing Published: October 29, 2013

From the Associated Press:

The environmental group WildEarth Guardians has asked the U.S. Bureau of Land Management to postpone approving and then impose restrictions on oil drilling in designated sage grouse habitat east of Douglas, Wyo.

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Drilling may result in both natural gas, oil production, EIA says

By Bob Downing Published: October 29, 2013

From the U.S. Energy Information Administration today:

Oct 29, 2013

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Rig counts not predictor of natural gas production, EIA says

By Bob Downing Published: October 28, 2013

From the U.S. Energy Information Adminstration today:

Oct 28, 2013

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CONSOL Energy sells coal mines, shifts to natural gas

By Bob Downing Published: October 28, 2013

From CONSOL Energy today:

PITTSBURGH , Oct. 28, 2013 /PRNewswire/ -- CONSOL Energy Inc. (NYSE: CNX) has taken a transformative step to advance its E&P growth strategy. The company has entered into an agreement to sell its Consolidation Coal Company (CCC) subsidiary, which contains all five of its longwall coal mines in West Virginia , to a subsidiary of Murray Energy Corporation ( Murray Energy ) for $3.5 billion in value.

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New CRS report looks at legal issues surrounding fracking

By Bob Downing Published: October 28, 2013

The Congessional Research Service has issued a new report on legal issues surrounding hydraulic fracturing or fracking.

The 37-page report, dated Oct. 22, was written by Adam Vann, Brandon Murrill and Mary Tiemann.

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California shocked at how widespread off-shore fracking has been

By Bob Downing Published: October 28, 2013

From the Associated Press:

By ALICIA CHANG and JASON DEAREN

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North Dakota had 300 oil spills that were unreported to public

By Bob Downing Published: October 26, 2013

From the Associated Press:

 North Dakota, the nation's No. 2 oil producer behind Texas, recorded nearly 300 oil pipeline spills in less than two years, state documents show. None was reported to the public, officials said.

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McClendon acquires 24,000 acres in Ohio's Guernsey County

By Bob Downing Published: October 25, 2013

Veteran shale observer Jim Willis of the Marcellus Drilling News has more news about Aubrey McClendon and his developing plans in Ohio's Utica shale.

Willis reports today that McClendon, the colorful one-time CEO of Chesapeake Energy Corp., has acquired 24,000 acres in Guernsey County.

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Cabot Oil, Gas report third quarter earnings, results

By Bob Downing Published: October 25, 2013

From Cabot Oil and Gas on Thursday:

HOUSTON, Oct. 24, 2013 /PRNewswire/ -- Cabot Oil & Gas Corporation (NYSE: COG) today reported its financial and operating results for the third quarter of 2013. Highlights for the quarter include:

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Wednesday's Canton shale protest by activists fizzles

By Bob Downing Published: October 25, 2013

Shawn Bennett of Energy in Depth-Ohio, a pro-drilling group, was not impressed by Wednesday's protest by anti-fracking activists in Canton.

Only a dozen protestors showed up outside the Memorial Civic Center and they arrived after the day-long shale conference had ended.

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Open seasons begins Oct. 29 for Bluegrass Pipeline

By Bob Downing Published: October 25, 2013

From Williams and Boardwalk Pipeline Partners on Thursday:

TULSA, Okla. & HOUSTON--()--Bluegrass Pipeline LLC, a joint venture between Williams (NYSE:WMB) and Boardwalk Pipeline Partners, LP (NYSE: BWP) (Boardwalk), today announced that it will be commencing a binding Open Season to determine industry commitments to natural gas liquids (NGLs) transportation capacity from the Marcellus and Utica shale plays to the petrochemical and export complex on the U.S. Gulf Coast. The Open Season will begin on Oct. 29, 2013 at 8 a.m. CDT and conclude on Dec. 16, 2013 at 5 p.m. CST.

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XTO fined $648,000 for failure to permit federal audit

By Bob Downing Published: October 25, 2013

From Bloomberg News:

The following press release came from the federal Office of Natural Resources Revenue.

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Rice Energy LLC may be planning initial stock offering

By Bob Downing Published: October 25, 2013

From Bloomberg News:

Rice Energy, LLC, based in Cannonsburg, Pa., intends to launch an initial public offering (IPO) valuing it around $2.5 billion, according to people familiar with the matter.

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CONSOL Energy at center of corporate spinoff rumors

By Bob Downing Published: October 25, 2013

From Seeking Alpha blog y Lou Baenese on Wednesday:

After a dearth of activity in the early stages of the bull market, corporations now appear dead set on unlocking hidden value via spin-offs. Case in point: Two dozen deals have already been completed this year. And at least another two dozen are officially in the works, including American Express & Co.’s (AXP) spin-off of its business travel division.

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Paper reports that Shell's cracker plant plans may be fading

By Bob Downing Published: October 25, 2013

The Wall Street Journal reported on Monday that the proposed cracker plant in Pennsylvania's Beaver County on the Ohio River may be in jeopardy.

Shell announced last March that it was eying the site for a new plant to turn ethane into ethylene, a key component of plastics.

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EQT drills three Utica shale wells, five more planned in 2013

By Bob Downing Published: October 25, 2013

From Pittsburgh-based EQT Corp. earlier this week.:

 

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Battle heats up in Wisconsin over fracking sand rules

By Bob Downing Published: October 25, 2013

From the Associated Press:

By Todd Richmond

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Michigan company drops plans to drill in SE Pennsylvania

By Bob Downing Published: October 24, 2013

From the Associated Press:

A Michigan-based energy company has given up a six-year battle to drill for natural gas in southeastern Pennsylvania’s upper Bucks County, citing opposition from local government.

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Fracking is revolutionizing oil, gas industries, report says

By Bob Downing Published: October 24, 2013

A press release from the National Center for Policy Analysis:

 

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Stark State approve $1.3 million facility to train drilling workers

By Bob Downing Published: October 23, 2013

Stark State College trustees have approved plans for a new $1.3 million shale drilling training lab to train oil and natural gas workers.

The indoor-outdoor facility, at the corner of Third Street and Cherry Avenue SE in downtown Canton, is expected to be ready by the fall 2014, said college president Para M. Jones.

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Use of natural gas in power plants reduces carbon pollution, EPA reports

By Bob Downing Published: October 23, 2013

A press released received today from the U.S. Environmental Protection Agency:

Carbon pollution from power plants declines 10 percent from 2010 due to growing use of natural gas

WASHINGTON – Today, the U.S. Environmental Protection Agency (EPA) released its third year of greenhouse gas data detailing carbon pollution emissions and trends broken down by industrial sector, greenhouse gas, geographic region, and individual facility. The data, required to be collected annually by Congress, highlight a decrease in greenhouse gas emissions as more utilities switch to cleaner burning natural gas.

“EPA is supporting President Obama’s Climate Action Plan by providing the high-quality data necessary to help guide common-sense solutions to address climate change,” said EPA Administrator Gina McCarthy. “Putting this data in the hands of the public increases transparency, supports accountability, and unlocks innovation.”

Greenhouse gases emitted through human activities such as transportation and power generation are the primary driver of recent climate change, which threatens the health and welfare of Americans—by increasing the likelihood of hotter, longer heat waves, fueling more frequent and intense extreme weather events, and worsening ground level ozone, an air pollutant that causes respiratory and cardiovascular health problems.

EPA’s Greenhouse Gas Reporting Program collects annual greenhouse gas information from over 8,000 facilities in the largest emitting industries, including power plants, oil and gas production and refining, iron and steel mills, and landfills. In addition, the program is receiving data on the increasing production and consumption of hydrofluorocarbons (HFCs) predominantly used in refrigeration and air-conditioning. The Greenhouse Gas Reporting Program is the only program that collects facility-level greenhouse gas data from major industrial sources across the United States.

The 2012 data show that in the two years since reporting began, emissions from power plants have decreased 10 percent. This is due to a switch from coal to natural gas for electricity generation and a slight decrease in electricity production. Fossil-fuel fired power plants remain the largest source of U.S. greenhouse gas emissions. With just under 1,600 facilities emitting over 2 billion metric tons of carbon dioxide in 2012, these plants account for roughly 40 percent of total U.S. carbon pollution.

The data are accessible through EPA’s online data publication tool, FLIGHT, which is available for both desktop and mobile devices. This year, with three years of data for most sources, FLIGHT has been updated with new features, including the ability to view trend graphs by sector and facility, and download charts and graphs for use in presentations and reports. The data are also published through EnviroFacts, which allows the public to download data for further analyses.

Access EPA’s GHG Reporting Program Data and Data Publication Tool:

http://www.epa.gov/ghgreporting/

Access EnviroFacts:
http://epa.gov/enviro/
 

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Injection wells are target of today's protest in Canton

By Bob Downing Published: October 23, 2013

A press release on today's ant-drilling protest in Canton where Utica Summit 2014 will be held:

“Travelin’ John” Appearance to Highlight Need for Action to Protect Stark and Summit Counties from Oil and Gas Waste Dumping

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West Virginia needs to revise 625-foot setback rule, researcher says

By Bob Downing Published: October 23, 2013

A researcher at West Virginia University says West Virginia needs to rethink its 625-foot setback between Marcellus shale wells and neighboring houses.

That setback is not sufficient to protect human health, Michael McCauley told a state legislative committee on Monday.

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Two thirds of West Virginia drilling wastewater unaccounted for

By Bob Downing Published: October 23, 2013

A West Virginia legislative committee was told on Tuesday that nearly two thirds of the fracking wastewater from Marcellus drilling is unaccounted for.

Evan Hansen of the firm Downstream Strategies told a legislative committee that 38 percent of the wastewater is accounted for under a 2011 law.

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BP names Richard Herbert to head company's exploration

By Bob Downing Published: October 23, 2013

From BP late last week:

BP announced that it will appoint Richard Herbert as its new head of exploration. Herbert will succeed Mike Daly who has chosen to retire from BP at the end of 2013 after a career of 28 years with the company, eight leading BP’s exploration function.

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Ohio has 583 drilled Utica wells, 169 wells are in production

By Bob Downing Published: October 23, 2013

Ohio has permitted 935 Utica shale wells, as of Oct. 19.

That includes 583 drilled Utica wells and 169 Utica wells that are in production, the Ohio Department of Natural Resources reports.

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Michigan is drafting new shale drilling regulations

By Bob Downing Published: October 23, 2013

From the Associated Press:

Companies using a procedure called hydraulic fracturing to pull oil and natural gas from deep underground in Michigan would have to take extra steps to protect ground and surface waters under regulations outlined Tuesday.

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Marcellus shale gas production growing faster than expected

By Bob Downing Published: October 23, 2013

From the Associated Press:

By Kevin Begos
Natural gas production from the Marcellus Shale region is growing faster than expected, according to a new federal report issued Tuesday.

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South Africa set to issue shale drilling permits in 2014

By Bob Downing Published: October 23, 2013

From Bloomberg News:

By Kevin Crowley
Bloomberg News

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North America leads world in shale gas production

By Bob Downing Published: October 23, 2013

From the U.S. Energy Information Administartion today:

The United States and Canada are the only major producers of commercially viable natural gas from shale formations in the world, even though about a dozen other countries have conducted exploratory test wells, according to a joint U.S. Energy Information Administration (EIA)/Advanced Resources International (ARI) study released in June. China is the only nation outside of North America that has registered commercially viable production of shale gas, although the volumes contribute less than 1% of the total natural gas production in that country. In comparison, shale gas as a share of total natural gas production in 2012 was 39% in the United States and 15% in Canada.

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USGS issues report on 200 small earthquakes in Oklahoma

By Bob Downing Published: October 23, 2013

From the U.S. Geological Survey today:

Since January 2009, more than 200 magnitude 3.0 or greater earthquakes have rattled Central Oklahoma, marking a significant rise in the frequency of these seismic events.

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Bakken, Eagle Ford shales boosting U.S. oil production

By Bob Downing Published: October 22, 2013

From Bloomberg News:

The Bakken and Eagle Ford shale formation increased U.S. crude production by almost 700,000 barrels a day over the past year, the EIA said. That accounted for 75 percent of the crude output growth across six regions the agency will track in the new report.

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Demand growing for rental housing in Marietta, Parkersburg

By Bob Downing Published: October 22, 2013

Ohio's developing Utica shale is having a big impact on rental housing in Marietta and nearby Parkersburg, W. Va., the Marietta Times reports.

A few homes have been sold but the demand for rental housing is skyrocketing, officials say.

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Plans progressing for new Tuscarawas County plant, NGL pipeline

By Bob Downing Published: October 22, 2013

Last August, Texas-based KinderMorgan and two partners announced plans for a natural gas processing plant in southern Tuscarawas County plus a natural gas liquids pipeline from Ohio to the Gulf Coast.

Those plans are still progressing, company officials said in a recent financial update.

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Ohio's new Hickory Bend processing plant to be dedicated Oct. 28

By Bob Downing Published: October 22, 2013

NiSource Midstream Services and Hilcorp Energy Co. are building a natural gas processing plant in Mahoning County as part of a joint venture called Pennant Midstream.

The Hickory Bend Processing Plant will be dedicated on Oct. 28, although it won’t actually be up and running until sometime in December, the Salem News reported today.

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Spectra Energy wins federal approval for New York City pipeline

By Bob Downing Published: October 22, 2013

The Federal Energy Regulatory Commission has approved $1.2 billion pipeline to bring cheap Marcellus shale natural gas into New York City.

The approval will allow Texas-based Spectra Energy to begin using the 16-mile line from New Jersye into the city on Nov. 1.

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D&L Energy seeks to hold Nov. 13 bankruptcy auction, ODNR opposed

By Bob Downing Published: October 22, 2013

D&L Energy, the Youngstown company whose employees were caught last Febuary  illegally discharging liquid drilling wastes into the Mahoning River, wants to hold a Nov. 13 auction.

The company filed for bankruptcy last April and it has found 44 potential bidders, the Business Journal reported on Monday.

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U.S. EIA unveils new drilling productivity report for six regions

By Bob Downing Published: October 22, 2013

From the U.S. Energy Information Administration today:

October 22, 2013

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Five women arrested in New Hampshire fracking protest

By Bob Downing Published: October 22, 2013

From the Associated Press:

Five protesters, four of them locked to each other with steel pipes, have been arrested after refusing to leave the Irving Oil corporate building in Portsmouth, N.H., where police said they threw glitter and blew whistles.

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U.S. exports of NGLs to Asia could quadruple with canal expansion

By Bob Downing Published: October 22, 2013

From Bloomberg News:

U.S. exports of natural gas liquids, already at a record amid surging output from shale deposits, are poised to quadruple by 2020 as the expansion of the Panama Canal cuts shipping costs to Asia.

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Hundreds protest fracking, coal mining in Pittsburgh rally, march

By Bob Downing Published: October 22, 2013

From the Associated Press:

Hundreds of environmental activists protesting fracking and mountaintop-removal mining staged a rally and marched through downtown Pittsburgh on Monday amid a call for renewable energy.

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Pennsylvania's Marcellus Shale Coalition names new president

By Bob Downing Published: October 22, 2013

From the Associated Press today:

The Marcellus Shale Coalition picked its second president to represent the high-profile group of companies that are active in Pennsylvania's booming natural gas industry.

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August oil production in Eagle Ford shale grows 49 percent from 2012

By Bob Downing Published: October 21, 2013

From Bloomberg News:

By Dan Murtaugh

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Anadarko, Noble Energy exchanging property in Colorado

By Bob Downing Published: October 21, 2013

From Anadarko Petroleum today:

HOUSTON, TX -- (Marketwired) -- 10/21/13 -- Anadarko Petroleum Corporation (NYSE: APC) today announced the closing of a property exchange with Noble Energy, Inc. (NYSE: NBL) in the Wattenberg field of northeastern Colorado , effective Jan. 1, 2013 .

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Winter fuel bills expected to rise from 2012-2013, EIA says

By Bob Downing Published: October 21, 2013

From AccuWeather todfay:

 

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Devon Energy, Crosstex Energy form new midstream business

By Bob Downing Published: October 21, 2013

A press release today from Devon Energy and Crosstex Energy:

 

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District approves transfer of mineral rights to McClendon firm

By Bob Downing Published: October 21, 2013

The Muskingum Watershed Conservancy District  approved a partial assignment of deep mineral rights under three leases at Clendening Reservoir in Harrison County to America Energy-Utica, the new company formed by Aubrey McClendon, the former CEO of Chesapeake Energy.

The transfer is further evidence that McClendon is actively pursuing Ohio's Utica shale.

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District approves water sale at Seneca Lake to Antero Resources

By Bob Downing Published: October 21, 2013

The Muskingum Watershed Conservancy District on Friday approved a third short-term water sale from Seneca Lake in southeast Ohio with Antero Resources.

The Colorado-based company will pay $4.25 per thousand gallons from November through January.

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Rumors swirl about Chesapeake Energy and Big Oil firms

By Bob Downing Published: October 21, 2013

From Heather Ingrassia of Seeking Alpha blog:

On Thursday, October 17, it was reported by the Daily Mail that Oil Majors such as BP (BP) and Royal Dutch Shell (RDS.A) (RDS.B) may be interested in acquiring Chesapeake Energy (CHK). In the wake of the Daily Mails report, I not only wanted to review what was reported, but also highlight a number of the reasons why I still remain slightly bullish on shares over the next 12-18 months.

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EnerVest's Houser discusses firm's Utica strategy, plans

By Bob Downing Published: October 21, 2013

EnerVest companies are a major player in Ohio's Utica shale.

On Sept. 30, CEO and president Mark Houser spoke at an industry conference in San Francisco on his company's Utica shale strategy and future plans.

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Colorado pursues 11 companies for failing to report chemical use

By Bob Downing Published: October 21, 2013

Colorado is oursuing 11 drilling companies for failure to report hydraulic fracturing or fracking chemicals to the Frac Focus website.

It is the first time that Colorado has pursued broad enforcement action to enforce its reporting rules.

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U.S. produced 280 billion gallons of wastewater in 2012, study says

By Bob Downing Published: October 21, 2013

A few interesting numbers from Environment America's recent report, "Fracking by the Numbers: Key Impacts of Dirty Drilling at the State and National Level:"

Well permitted, drilled or fracked since 2005: 82,000 in United States.

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Pipelines for oil are safer than trains, trucks, study says

By Bob Downing Published: October 21, 2013

Transporting oil via pipelines is safer than using trains or trucks, says a new report from Canada's Fraser Institute.

Click  here  to read the full story from Houston Chronicle.

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Cabot sells leases in Oklahoma, Texas, focusing on Marcellus

By Bob Downing Published: October 21, 2013

From Texas-based Caboit Oil & Gas Co. last week:

HOUSTON , Oct. 17, 2013 /PRNewswire/ -- Cabot Oil & Gas Corporation (NYSE: COG) today announced that it has entered into two purchase and sale agreements to sell certain proved and unproved oil and gas properties located in the Mid-Continent and West Texas for aggregate proceeds of approximately $188 million . These transactions are expected to close in the fourth quarter of 2013, subject to customary closing conditions and adjustments.

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Class-action suits filed in North Dakota over natural gas burning

By Bob Downing Published: October 21, 2013

Last week, North Dakota landowners filed 10 class-action lawsuits seeking millions of dollars in lost royalties from some of the biggest drilling companies, the New York Times reported.

The owners of the mineral rights are unhappy that the companies have been burning or flaring natural gas.

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Increased natural gas production in U.S. to aid winter heating

By Bob Downing Published: October 21, 2013

Increased natural gas production will help the United States through the upcoming winter, a federal agency reports.

That assessment came from the Federal Energy Regulatory Commission in its Winter 2013-2014 Energy Market Assessment.

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Norse Energy moving to Chapter 7 bankruptcy, liquidation

By Bob Downing Published: October 21, 2013

Norse Energy with 130,000 leased acres in New York state has shifted from Chapter 11 bankruptcy to Chapter 7 bankruptcy.

Its last eight employees were released, the Buffalo Business First reported on Thursday.

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Fracking has not caused water-well problems in Ohio

By Bob Downing Published: October 19, 2013

Hydraulic fracturing or fracking for natural gas in the Utica shale has not created any major problems with Ohio’s drinking water, says the Ohio Department of Natural Resources.

Its Division of Oil and Gas Resources Management has investigated 183 water well complaints filed by Ohio landowners from 2010 through mid-October. .

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Crews deal with major fire at new Canadian train accident

By Bob Downing Published: October 19, 2013

From the Associated Press:

Emergency crews battled a massive fire Saturday after a Canadian National tanker train carrying oil and gas derailed west of Edmonton, Alberta, overnight. No injuries have been reported so far.

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Federal prosecutors charge Ohio man with 2008 illegal dumping

By Bob Downing Published: October 18, 2013

From the Associated Press:

Federal prosecutors have charged a man with illegally dumping gas drilling waste into a tributary of the Chagrin River in Northeast Ohio.

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Canadian drilling protest ends with 40 arrests in New Brunswick

By Bob Downing Published: October 18, 2013

From the Associated Press:

Canadian police said Thursday that they arrested at least 40 people in eastern New Brunswick at a violent protest over shale gas development.

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Crosstex Energy companies announce quarterly distribution

By Bob Downing Published: October 18, 2013

A press statement today from Crosstex Energy:

DALLAS, October 18, 2013 – The Crosstex Energy companies today announced the declaration of the quarterly distribution for Crosstex Energy, L.P. (NASDAQ: XTEX) (the Partnership) and the quarterly dividend for Crosstex Energy, Inc. (NASDAQ: XTXI) (the Corporation) from the third quarter of 2013:

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Global Frackdown 2 comes to Columbus today

By Bob Downing Published: October 18, 2013

Global Frackdown 2 in coming to Ohio today.

Two groups, the Buckeye Forest Council and Food & Water Watch, will assemble in Colunbus for a special delivery letter to Gov. John Kasich.

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Activists use billboard to get radiation message to Ohioans

By Bob Downing Published: October 18, 2013

A giant billboard has appeared outside Columbus.

Its message: Don't Frack My Water. Protect Columbus.

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Halcon Resources trying to reduce Ohio drilling complaints

By Bob Downing Published: October 18, 2013

Halcon Resources drew criticism earlier this year for night-time noise and lights associated with a horizontal well being drilled near Lordstown in Trumbull County.

Now the company wants to add two new wells at the same Kibler pad.

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Pennsylvania releases drilling plan for Loyalsock State Forest

By Bob Downing Published: October 18, 2013

A Pennsylvania state agency has ordered that previously sealed drilling plans for Loyalsock State Forest be opened for public review.

The Department of Conservation and Natural Resources has released for public review the March 2012 drilling plans of Anadarko Petroleum, after a state agency ruled that the public has a right to review at least a portion of those plans.

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Blogger asks: Could Utica shale be the best U.S. shale play?

By Bob Downing Published: October 18, 2013

The Utica shale may not have significant quantiies of oil, but the formation in eastern Ohio and surrounding states has lots of natural gas and natural gas liquids.

It may be the most significant shale play in the United States, says blogger Matthew DiLallo of The Motley Fool.

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Court ruling opens Allegheny National Forest to drilling

By Bob Downing Published: October 18, 2013

From the law firm of Crowell & Moring:

Sep.30.2013

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ARP connects first five Utica shale wells in September

By Bob Downing Published: October 18, 2013

From Atlas Resource Partners with wells in the Marcellus and Utica shales:

PHILADELPHIA--(BUSINESS WIRE)--Oct. 16, 2013-- Atlas Resource Partners, L.P. (NYSE: ARP ) (“ARP” or “the Company”) hereby provides an operational update on its activities, as well as an update to its oil & natural gas hedge positions and financial outlook for the remainder of 2013 and full year 2014. The Company also plans to release results for the third quarter 2013 on Thursday, November 7, 2013 after market hours, and invites investors and other interested parties to listen to the live webcast of its quarterly conference call on Friday, November 8, 2013 , at 9:00 am ET .

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Pipeline to move Marcellus natural gas to New York City

By Bob Downing Published: October 17, 2013

A new pipeline opens next month that will carry Marcellus shale natural gas from Pennsylvania to New York City.

The $1.2 billion project was built by Spectra. But the company has been forced to scale back its plan for a pipeline extension to serve New England.

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'Triple Divide' movie to be shown Monday in Kent

By Bob Downing Published: October 17, 2013

The movie, Triple Divide, will be screened Monday at the Kent Free Library, 312 W. Main St.

Activist Elyse Hirsch and others will speak at 6:30 p.m.

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Group: Records show Halcon wants to drill under reservoir

By Bob Downing Published: October 17, 2013

A statement on Oct. 13 from Youngstown's Committee for the Community Bill of Rights:

Today, the Committee for the Community Bill of Rights has obtained public records revealing another reason for Youngstown residents to Vote YES for The Youngstown Community Bill of Rights. Youngstowners must vote YES to protect our drinking water, our air, our homes, and our health.

On Oct. 3, 2013, a public records request was sent to the Chief Engineer of the Mahoning Valley Sanitary District asking if Halcon, a fracking company from Texas, was trying to drill underneath Meander Reservoir. The MVSD sent this answer from one of the 2 law firms they have retained to PROTECT our drinking water supply: “In July of this year Halcon met with the District. Initially Halcon intended to construct a well pad on property adjacent to the District’s property. From this well pad Halcon intended to drill horizontal wells as part of a 640 acre drilling unit extending 7,000 feet vertically and then 7,000 feet horizontally to access the Utica-Pleasant shale formation below the District’s property including the reservoir.” –Thomas J. Wilson, Atty., Comstock, Springer & Wilson Co., L.P.A

The MVSD has also hired oil and gas leasing issues expert Karen Winters, Esq. and her firm Squires, Sanders, LLP from Columbus, Ohio to help protect the Meander Reservoir.

Members of the Committee for the Community Bill of Rights have attended MVSD Board meetings since January urging the MVSD board to protect Meander Reservoir. They warned that the experimental, dangerous, deregulated fracking process being used now in Ohio using hundreds of toxic and cancer-causing chemicals puts our drinking water at risk of contamination. These citizens revealed an Ohio Department of Natural Resources (ODNR) report showing the CNX Gas Co., LLC MAHN-7 Cadle well on Blott Rd. in the PROTECTED drinking water area of the Meander Reservoir suffered a 4 foot long casing split when it was drilled Oct. 13, 2012. Halliburton,the same company whose cementing failure caused the Deep Horizon Oil spill in the Gulf of Mexico was hired to cement the split. This accident and repair job was never reported to the MVSD or the public. A private citizen discovered the report in January of 2013, and citizens informed the MVSD board. Today it is revealed Halcon obtained the deep drilling rights under the Meander Reservoir in July of 2012, according to Atty.Wilson, but they have not yet applied for drilling permits from ODNR. Wilson further states “The MVSD owns and operates a public water system serving a population in excess of 200,000. The source of the water supply is the Meander Creek Reservoir. Members of the Board recognize their critical responsibility to maintain a clean, safe, source for this public water system. The Board will continue within the applicable law to protect this public water source.” The Committee for the Community Bill of Rights wants to thank the MVSD officials for hiring two law firms to make sure Halcon can never drill under the source of drinking water for Youngstown, Niles, Austintown, McDonald, and parts of Boardman, Ohio.
 

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Analyst revisits Gulfport Energy with revised production outlook

By Bob Downing Published: October 17, 2013

From analyst Tim Rezvan of New York-based Sterne Agee on Gulfport Energy:


GULFPORT ENERGY CORP. (NASDAQ: GPOR) RATING: BUY
Price: $65.65
Price Target: $86.00

Analysts: Tim Rezvan, CFA / Truman Hobbs
Cutting Estimates Through 2015 as Growth Gets Pushed to the Right Again. Maintain Buy Rating and $86 PT on SOTP Value.

Our Call
Execution issues at the well pad are the latest wrinkle driving deferred production growth. Our revised production outlook calls for "only" 282% production growth in 2014 to 48.2 mboe/d, down from our previous estimate of 69.1 mboe/d, and represents 189% y/y EBITDA growth with a manageable estimated CF outspend of ~$120 million. With the shortfall driven by operational missteps that should be addressed going forward, our $86 SOTP PT remains intact.

• Execution Issues at the Wellbore Drive Lower Production Growth Outlook. The company had drilling mud seep into up-hole formations on five different well pads where intermediate casing string was eliminated. Diagnosing and solving the problem has caused a delay of at least one month in getting the wells hooked to sales. As a result, the company no longer believes it will have 20-24 wells hooked to sales in the fourth quarter. Exit-rate production guidance was reduced ~10 mboe/d to 27-32 mboe/d.

• Revised Production Outlook. With fewer well hook-ups planned by year-end (we assume only 12 well hook-ups in 4Q), we are cutting production estimates. We assume six wells come on line per month in 2013 versus 7-8 before. On top of that, we are also hair-cutting aggregate production from the Utica Shale by 25% to account for unforeseen delays that we struggle to account for otherwise in our models. 4Q13E production declines to 21.5 mboe/d from 31 mboe/d, 2014E production declines to 48.2 mboe/d from 69.1 mboe/d, and 2015E production declines to 88 mboe/d from 101 mboe/d. We are also revising up our natural gas skew in 2014/2015, reflecting stronger returns in the wet gas window, leading the company to move rigs east in the Utica Shale. Assuming ethane rejection indefinitely, we now estimate natural gas will be 66% of 2014E production (up from 63%) and 71% of 2015E production (up from 64%).

• Cutting Estimates. In conjunction with lower production assumptions, we are cutting estimates. EBITDA declines for 4Q13/2014/2015 to $82/$667/$1,073 million from $116/$987/$1,374 million and EPS estimates decline to $0.16/$1.30/$1.34 from $0.22/$2.39/$2.98.

• SOTP Value Remains Intact - No Change to $86 PT. Our PT reflects full development mode value for the company's Utica Shale assets. We believe the latest deferral in growth is not material to the overall value of the resource.
 

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Ohio getting Clean Energy Fuels natural gas highway station

By Bob Downing Published: October 17, 2013

From Clean Energy Fuels:

Clean Energy to Open Two America’s Natural Gas Highway Stations to Fuel New Raven Transportation LNG Heavy Duty Trucks

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Antero Resources completes initial public stock offering

By Bob Downing Published: October 17, 2013

From Antero Resources on Wednesday:

 

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Police break up drilling protests in Romania

By Bob Downing Published: October 17, 2013

From the Associated Press:

 Hundreds of Romanians opposed to shale gas extraction in their village on Wednesday scuffled with police at an exploration site where energy giant Chevron plans to start drilling.

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Kinder Morgan outlines pipelines projects, plans

By Bob Downing Published: October 17, 2013

From Kinder Morgan Energy Partners on Wednesday:

 

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Chesapeake under fire for deducting Pa. impact fee from royalties

By Bob Downing Published: October 17, 2013

From the Associated Press:

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Carleton, ENN Group teaming up for new LNG research center

By Bob Downing Published: October 17, 2013

A press release from Canada's Carleton University and China-owned ENN Group:

Carleton University and ENN Group signed an agreement in Beijing on Oct. 16 2013 to establish the Clean Energy Research Institute at the Ottawa campus that will explore liquefied natural gas (LNG) technology and related clean energy technologies.

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EDF blogger calls for groundwater testing in Wyoming

By Bob Downing Published: October 16, 2013

From the Environmental Defense Fund's Energy Exchange blog by John Goldstein, senior policy manager, today:


“Go Time” for Groundwater Testing In Wyoming

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Is a shale bust coming?

By Jim Mackinnon Published: October 16, 2013

Will the shale energy boom in the United States lead to a shale bust?

The Via Meadia blog at The American Interest takes a look at a report that examines this very issue and was just released by the Council on Foreign Relations.

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Analyst raises 3Q estimates for Gulfport Energy

By Bob Downing Published: October 16, 2013

From analyst Tim Rezvan of New York-based Sterne Agee today on Gulfport Energy:



GULFPORT ENERGY CORP. (NASDAQ: GPOR) RATING: BUY
Price: $67.94
Price Target: $86.00

Analysts: Tim Rezvan, CFA / Truman Hobbs
Good Rock Should Trump Bad Execution but Another Haircut to Growth Tests Investor Patience. Raise 3Q Ests.

Our Call
This morning's negative operational update casts further doubt on management's ability to communicate a coherent medium-term growth strategy. Based on this update, which includes actual 3Q production, we increase 3Q estimates. We have been unable to reach management to get clarity on specific drivers of reduced 2013 exit-rate guidance (down 10 mboe/d to ~30 mboe/d).

• Haircut to '13 Exit-Rate Production Will Force Reset on '14 Outlook, With Growth Again Being Pushed to the Right. Today's revised exit-rate production guidance (27-32 mboe/d) adds uncertainty on near-term growth. It compares to previous management commentary of 38-42 mboe/d, provided with 2Q earnings. We note the shortfall is very much a reflection on the prolific nature of wells drilled to date in the Utica Shale. With IP rates averaging 1+ mboe/d over 30-day periods, it doesn't take much in the way of infrastructure or drilling delays to defer ~10 mboe/d of production. Our Buy rating is predicated more on the quality of the rock in eastern Ohio than on near-term guidance, but we acknowledge repeated execution shortfalls will be a headwind until investors become comfortable with the 2014/2015 growth outlook.

• Positive 3Q Pre-Announcement. 3Q production averaged 13 mboe/d, above our estimate of 12.5 mboe/d and in-line with consensus. We note that production guidance was revised down to 12.25-12.75 mboe/d in mid-September, at which time the company maintained full-year production guidance, which now appears unsustainable.

• Adjusting 3Q13 Estimate at This Time, Pending Conversation with Management. Based on actual 3Q production, we increase 3Q13E EPS to $0.15 from $0.12 and 3Q13E EBITDA to $61 million from $55 million. Estimates for subsequent quarters remain unchanged at this time.

• Catalysts Still Abound, and Delays Are Not Attributable to Quality of Resource. We continue to await results from the company’s first dry gas well, the Irons 1-4H well, which was scheduled to begin flowing to sales in late October, although today’s delay could mean that timeline is no longer valid. We also anticipate getting longer-term production data that verifies the shallow decline rate for wells in the wet gas window.

• Other Items in Release. Gulfport added 9K net acres in the play and now has 144.5K net acres. The company also announced new hedges, and now has swaps on 2.5 mb/d of oil in 2014 (up from 2), swaps on 50 mmcf/d of natural gas in 2014 (up from 15) and swaps on 45 mmcf/d in 2015 (up from 10). Swaps on 5.1 mmcf/d of 2016 production were introduced, as were swaptions for 10 mmcf/d for 2015 and 3 mmcf/d in 2016.
 

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Loop track at center of $70 million fuel depot at Lordstown

By Bob Downing Published: October 16, 2013

A nearly complete 12,000-foot loop train track at the Ohio Commerce Center in Lordstown in Trumbull County is among the key components of what Halcon Resources Corp. says eventually may be a $70 million fuel depot, the Youngstown Vindicator reports.

Savage, a multinational, privately owned company, hopes to be a major player in the development of those facilities at the 480-acre Commerce Center on Tod Avenue north of Salt Springs Road, the paper says.

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Gulfport Energy offers 3Q production data, operational update

By Bob Downing Published: October 16, 2013

From Gulfport Energy today:

OKLAHOMA CITY , Oct. 16, 2013 (GLOBE NEWSWIRE) -- Gulfport Energy Corporation (Nasdaq:GPOR) ("Gulfport") today provides third quarter 2013 production and provides an operational update.

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CONSOL Energy, Blue Racer plan Noble County infrastructure

By Bob Downing Published: October 16, 2013

A press release from CONSOL Energy on Tuesday:

PITTSBURGH , Oct. 15, 2013 /PRNewswire/ -- CONSOL Energy Inc. (NYSE: CNX) is providing an operations update for the quarter ended September 30, 2013 . The company produced and sold more gas and coal during the quarter than expected. CONSOL also signed a definitive agreement for infrastructure build-out in the Utica Shale , in Noble County, Ohio .

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Company making progress on Bluegrass Pipeline land-use deals

By Bob Downing Published: October 16, 2013

From the Associated Press:

By Dylan Lovan
 

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Eco-group unhappy with South Africa's draft fracking rules

By Bob Downing Published: October 16, 2013

From Bloomberg News:

By Paul Burkhardt
 

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Second man pleads guilty in Pennsylvania drilling scheme

By Bob Downing Published: October 16, 2013

From the Associated Press:

A second man has pleaded guilty to his role in a $2.4 million scheme to steal natural-gas drilling rights from western Pennsylvania property owners.

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Ohio has 577 Utica wells drilled, 164 wells in production

By Bob Downing Published: October 16, 2013

The Ohio Department of Natural Resources has approved 927 Utica shale permits, as of Oct. 12.

Of that total, 577 wells are completed and 164 wells are in production.

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Greenpeace launching legal challenge to drilling in England

By Bob Downing Published: October 16, 2013

A press release from Greenpeace United Kingdom:

Monday 14 October - Greenpeace has launched a legal challenge to fracking in England, in a move it says could halt “reckless and presumptuous” plans for shale gas extraction across the country.

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Intertek adds new gas-testing laboratory in Pittsburgh

By Bob Downing Published: October 16, 2013

A Tuesday press release from Intertek:

(Pittsburgh) Intertek, a leading provider of quality and safety services to a wide range of industries around the world, has added significant, new, Gas Processors Association (GPA) gas testing capabilities to the Pittsburgh. Pennsylvania laboratory. The laboratory provides fast and reliable GPA natural gas analysis for clients working in the Marcellus and Utica Shale play regions.

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New Jersey plan to add more gas-fired power plants derailed

By Bob Downing Published: October 16, 2013

From the Associated Press:

By Geoff Mulvihill

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OPEC no longer calls the shots and helped create shale boom

By Jim Mackinnon Published: October 15, 2013

The birth of OPEC 40 years ago actually led to a major increase in global oil production, right up to the still young shale energy boom, writes energy expert Daniel Yergin in The Wall Street Journal.

Yergin: "Although the OPEC embargo seemed to provide proof that the world was running short of oil resources, the move by Arab exporters did the opposite: It provided massive incentive to develop new oil fields outside of the Middle East—what became known as 'non-OPEC,' led by drilling in the North Sea and Alaska.

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Shale boom is just starting

By Jim Mackinnon Published: October 15, 2013

Oilprice.com interviewed economist and New York Times best-selling author Tyler Cowen regarding his new book, “Average is Over: Powering America Beyond the Age of Great Stagnation”.

Cowen: "The shale boom is just getting started, most of all on a global level.... Our shale boom is only starting to affect the global economy. The question is who else will follow suit. Russia?  Argentina?  Poland? We will see, but I expect a lot more supply to come on line."

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400 Romanian villagers block Chevron drilling trucks

By Bob Downing Published: October 15, 2013

About 400 Romanian villagers on Monday blocked a convoy of drilling trucks owned by the American firm, Chevron.

The protest erupted in the eastern part of the country.

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CONSOL Energy may benefit from Antero stock, new Utica interest

By Bob Downing Published: October 15, 2013

From analyst Michael Dudas of Sterne Agee on how Antero Resource's stock sale may benefit CONSOL Energy, too:



CONSOL ENERGY (NYSE: CNX) RATING: BUY
Price: $36.79
Price Target: $60.00

Analysts: Michael S. Dudas, CFA / Satyadeep Jain, CFA
Antero Excitement Positive as Market Waits for Asset Direction - Reaffirm Buy Rating

Our Call
We believe the read-throughs from Antero's successful road show and strong rally on its first day of trading are positive for Consol. We expect asset monetization announcements from CNX shortly. Consol's shares should continue to find support, especially as potential upcoming catalysts highlight inherent value. Shares remain our top pick in mining space.

Antero IPO. Antero Resources (AR, $52, NR) appears to be a very close proxy for Consol, and therefore we believe the read-throughs from Antero's successful road show and 18+% rally on its first day of trading are positive for Consol. Antero has a concentrated portfolio in the Marcellus Shale (330K net acres in Marcellus's southwestern fairway) and the Utica Shale (100K net acres). Consol has 347K net acres in Marcellus and 83K net acres in Utica. My colleague and Sterne Agee E&P Analyst Tim Rezvan believes it is difficult to ascertain a precise EV, but it appears that the EV for Antero should be nearly $12.5B, growing toward $14B in 2014 from an announced FCF overspend. Based on current price and comparable metrics, we believe CNX's coal assets are trading at $7.0-7.5B based on normalized pricing and volumes, implying in current valuation $3.0-$3.5B for Consol's gas and other assets. Antero deserves a higher valuation vs. Consol's gas assets given Antero's long and more active record, but almost 4.0x valuation for Antero vs. CNX gas leads us to believes CNX's gas assets are undervalued.

Utica Activity - Tim has indicated that acreage prices have spiked in Ohio, apparently driven by aggressive leasing by Aubrey McClendon's private company American Energy Utica LLC (AEU) as commentary from multiple operators confirms that AEU has been bidding up to $17K/acre for wet gas acreage and up to $8K/acre for dry gas acreage. Greater activity in Utica bodes well for CNX's Utica acreage valuation, in our view.

Potential Monetization - Last quarter, management announced that its board is also evaluating corporate structure to unlock additional value for shareholders. We should see an asset sale announcement this quarter, as well as further information on potential restructurings. As an asset rich company, we believe management has many avenues to recapitalize its coal and related businesses.

Investment Summary - As its coal business begins harvesting and shale monetization continues to grow rapidly, Consol's shares should continue to find support, especially as potential upcoming catalysts highlight inherent value. We support our $60 target using asset valuations for its coal and gas businesses, which reflects a sum-of-the-parts analysis – 7.5 multiple to our 2015 coal EBITDA forecast and a combination of valuation multiples on various gas assets.

Important Disclosures regarding Price Target Risks, Valuation Methodology, Regulation Analyst Certification, Investment Banking, Ratings Definitions, and potential conflicts of interest may be found by clicking on the report link below
CNX Note

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UPS to invest $50 million to add nine new LNG facilities

By Bob Downing Published: October 15, 2013

A press release received last week from UPS:

ATLANTA– UPS®(NYSE:UPS) announced today plans to invest approximately $50 million to build an additional nine liquefied natural gas (LNG) fueling stations, bringing the total number of stations to 13. Four were announced in April, and all should be operational by the end of 2014.

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Top Marcellus well producing 30.3 million cubic feet of gas per day

By Bob Downing Published: October 15, 2013

Jim Willis of the Marcellus Driling News has released a list of the Top 10 Marcellus shale wells in Pennsylvania and how much natural gas they are producing.

No. 1 is a Cabot Oil & Gas Co. well in Susquehanna County.

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Harrison County leases 357 acres to CBM Ohio for shale drilling

By Bob Downing Published: October 15, 2013

Last week, the Harrison County commissioners approved a Utica shale lease with CBM Ohio of Cadiz, a coal bed methane firm.

It will pay the county $5,000 an acre for a lease of 357 acres. The county will also get 19 percent royalties.

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Study finds no link between Pennsylvania fracking, childhood cancers

By Bob Downing Published: October 15, 2013

A new study in the peer-reviewed Journal of Occupational and Environmental Medicine (July 2013 issue) finds no increases in childhood cancer in areas where hydraulic fracturing or fracking has taken place, reports Jim Willis of the Marcellus Drilling News.

The report, entitled “Childhood Cancer Incidence in Pennsylvania Counties in Relation to Living in Counties With Hydraulic Fracturing Sites,' looks at the rates of cancer both before fracking begins, and then again after fracking has been going on.

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Pennsylvania officials aware of radiation problems at two sites

By Bob Downing Published: October 15, 2013

A recent study from Duke University looked at radiation from frack wastewater in a stream in Indiana County in Pennsylvania.

That fact has been known by state officials for two years.

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Drilling group releases new guidance on drilling completions

By Bob Downing Published: October 15, 2013

From the Pittsburgh-based Marcellus Shale Coalition, a or-drilling group, last week:

Pittsburgh, Pa. – With eight recommended practices published to-date, today the Marcellus Shale Coalition (MSC) released its latest guidance document for Drilling and Completions – two of the most critical aspects of the shale development process. Developed in consultation with several of the MSC’s working committees, these Recommended Practices for Drilling and Completions are designed to provide guidance to operators.

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European Union wants detailed studies to prove fracking is safe

By Bob Downing Published: October 15, 2013

Last week, the European Union voted to require mandatory environmental impact studies to prove that hydraulic fracturing or fracking is safe before proceeding.

Click  here  to read the full story.

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Washington: Need more study on proposed oil train terminals

By Bob Downing Published: October 15, 2013

From the Associated Press:

Washinhgton state officials said last Wednesday they are revoking permits for two planned oil train terminals in southwest Washington after deciding the projects should face more environmental scrutiny.

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House subcommittee holds forum on LNG export terminals

By Bob Downing Published: October 15, 2013

From the Center for Liquified Natural Gas last Thursday:

Washington, D.C.: Today the House Energy and Commerce Committee’s Subcommittee on Energy and Power is holding a forum on the “Geopolitical Implications and Mutual Benefits of U.S. LNG Exports,” on which Center for Liquefied Natural Gas (CLNG) President Bill Cooper released the following statement:

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Balkan summit in Athens looks at drilling options, plans

By Bob Downing Published: October 15, 2013

A press release from International Research Networks on the second annual Balkans Oil and Gas 2013 Summit:

IRN held the well-attended 2nd Annual Balkans Oil & Gas 2013 Summit on 24th-25th September in the Hotel Grande Bretagne in Athens, with key executives of the oil and gas industry giving insights and revealing future plans of the Balkans countries.

With more than 100 companies attending the summit and an outstanding panel of speakers, IRN gathered their excellences Alen Leveric, Deputy Minister of Economy in Croatia, Vladan Dubljevic, Deputy Minister for Mining and Geological Researches at the Ministry of Economy in Montenegro and Konstantinos Mathioudakis, General Secretary of Energy and Climate Change at the Ministry of Environment, Energy & Climate Change in Greece along with the Chairman & CEO of Energean Oil and Gas, Mathios Rigas, the CEO of Bulgartransgaz, Kiril Temelkov, the President & CEO of Stream Oil & Gas, Dr. Sotirios Kapotas and many other exploration directors in Balkans such as Max Torres from Repsol.

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U.S. EPA: Drillers must comply with EPCRA requirements

By Bob Downing Published: October 14, 2013

Last April, a grass-roots Ohio group filed a petition that argued Ohio illegally tried to exempt oil and gas companies from complying with federal emergency planning and citizen reporting requirements under the Emergency Planning and Community Right-to-Know Act (EPCRA), says Joe Koncelik, a blogger with the Ohio Environmental Law Blog and a former Ohio EPA director.

In 2001, the Ohio General Assembly adopted Ohio Revised Code (R.C.) 3750.081, Compliance by Oil & Gas Facilities: Use of Electronic Database which provided an alternative to EPCRA's reporting requirements.

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Shale now produces more natural gas than conventional wells

By Bob Downing Published: October 14, 2013

The U.S. natural gas industry has reached the point where shale production has surpassed nonshale production, according to the president of PIRA Energy Group.

Click  here  to read the full story

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Marcellus growth likely to produce lower natural gas prices

By Bob Downing Published: October 14, 2013

From the U.S. Energy Information Administartion late last week:

Oct 9, 2013

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Activists to fight Ohio's wastewater rule allowing storage pits

By Bob Downing Published: October 14, 2013

A press release received today from a Mahoning Counth grass-roots group:

Youngstown, Ohio, October 14, 2013 –Frackfree Mahoning Valley (FFM) calls for an immediate halt to plans that Ohio state regulators are reportedly implementing by January 1 to use open pits or impoundments for toxic fracking waste.

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Regency Energy buys Utica, other assets from PVR Partners

By Bob Downing Published: October 14, 2013

From Bloomberg News:

By Jim Polson

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Shale oil, gas to provide long-term economic boost, study says

By Bob Downing Published: October 14, 2013

From Purdue University:

By Keith Robinson

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Private equity firms put $1.7 billion into McClendon's Utica plan

By Bob Downing Published: October 14, 2013

From Bloomberg News late last week:

By Jim Polson

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21 applications pending for LNG export terminals in five states

By Bob Downing Published: October 14, 2013

From the American Petroleum Institute:

WASHINGTON, October 10, 2013 ─ API launched a new web-based map tracking liquefied natural gas (LNG) export projects, including those waiting for approval from the federal government. According to Erik Milito, director of upstream and industry operations, approval of the multi-billion dollar export terminals could create thousands of American jobs, strengthen the U.S. geopolitical position, reduce global emissions, and help the Obama administration to meet its promise to double American exports.

“America is leading the world in natural gas production, but to unlock the full economic benefits for U.S. workers, the Department of Energy must act quickly on the permits needed to sell our exports abroad,” said Milito. “Accelerating the approval process would send a strong signal that the administration is serious about doubling U.S. exports and help to generate the economic benefits the president is seeking.”

The online API LNG export map displays a summary of investments, exports, and jobs associated with each application to sell LNG to countries that do not have free trade agreements with the United States. Terminals are listed in the order that the DOE expects to review the projects, along with how long each has waited for approval. Also listed are the four U.S. export sites approved since 2011, as well as 63 competing sites planned or under construction in foreign nations.

“There is a global race to build this infrastructure and secure a competitive position in the international market,” said Milito. “These terminals would allow other nations to purchase a valuable American product, support U.S. exports, and help reduce global emissions.”

Currently, there are 21 pending applications, including sites in Texas, Louisiana, Georgia, Oregon, and Mississippi. The next site expected to be reviewed is on Quintana Island near Freeport, Texas, where the applicant is requesting added export capacity for a facility that will attract $3 billion in capital investments and create over 3,000 construction and engineering jobs.

Milito also noted that U.S. LNG exports could create tens of thousands of domestic jobs while having only minimal impacts on domestic U.S. natural gas prices, according to several studies, including a recent report by ICF International.

API is a national trade association that represents all segments of America’s technology-driven oil and natural gas industry. Its more than 550 members – including large integrated companies, exploration and production, refining, marketing, pipeline, and marine businesses, and service and supply firms – provide most of the nation’s energy. The industry also supports 9.8 million U.S. jobs and 8 percent of the U.S. economy, delivers $85 million a day in revenue to our government, and, since 2000, has invested over $2 trillion in U.S. capital projects to advance all forms of energy, including alternatives.

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French court upholds ban on hydraulic fracturing

By Bob Downing Published: October 14, 2013

From Bloomberg News on Friday:

By Tara Patel & Gregory Viscusi

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Athens activists to rework ballot proposal against drilling

By Bob Downing Published: October 14, 2013

From the Associated Press late last week:

Organizers in a southeastern Ohio city say they plan to rewrite their proposal that seeks to ban the high-pressure oil and gas drilling.

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Hess Corp. to sell East Coast, St. Lucia terminal network

By Bob Downing Published: October 14, 2013

From Hess Corp. last week:

NEW YORK--(BUSINESS WIRE)--Oct. 9, 2013-- Hess Corporation announced today it has entered into an agreement with Buckeye Partners, L.P. to sell its U.S. East Coast and St. Lucia terminal network for a total consideration of $850 million in cash. As a result of this sale, Hess is expected separately to release approximately $900 million of working capital, with another $100 million continuing to be retained by the retail business as part of its ongoing operations.

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Antero Resources announces initial stock price at $44 a share

By Bob Downing Published: October 14, 2013

From Antero Resources late last week:

 

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Oil well drilling grows in third quarter 2013, API reports

By Bob Downing Published: October 14, 2013

From the American Petroleum Institute on Friday:

WASHINGTON, October 11, 2013 – Oil well drilling trends continue to rise in the third quarter of 2013 with total oil well completions up 18 percent from 2012 third quarter figures, according to API's 2013 Quarterly Well Completion Report: Third Quarter.

“The oil and natural gas industry expanded oil drilling in the third quarter of 2013 thanks in large part to access on private and state lands,” said Hazem Arafa, director of API's statistics department. “Additional access to our own vast energy resources and streamlined federal permitting would allow for more opportunities to produce U.S. energy while creating more American jobs and generating more revenue for our government."

Natural gas well completions in the third quarter of 2013 continued to decline with 30 percent fewer wells from year-ago levels, according to the report. Total number of oil and natural gas wells completed in the third quarter of 2013 increased by 6 percent from year-ago levels, while total footage drilled increased 9 percent.

API is a national trade association that represents all segments of America’s technology-driven oil and natural gas industry. Its more than 550 members – including large integrated companies, exploration and production, refining, marketing, pipeline, and marine businesses, and service and supply firms – provide most of the nation’s energy. The industry also supports 9.8 million U.S. jobs and 8 percent of the U.S. economy, delivers $85 million a day in revenue to our government, and, since 2000, has invested over $2 trillion in U.S. capital projects to advance all forms of energy, including alternatives.

 

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West Virginina University offers safety training for workers

By Bob Downing Published: October 14, 2013

From the Associated Press:

A new center at West Virginia University in Morgantown is offering safety training for oil and gas workers.

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California pro-fracking bill disguised as anti-fracking bill

By Jim Mackinnon Published: October 11, 2013

Those wily California politicians.

What was initially said to be anti-fracking legislation in California was amended multiple times and actually was pro-fracking when state officials signed the legislation, reports the MasterResource energy blog.

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Anti-frackers accepting the inevitable

By Jim Mackinnon Published: October 11, 2013

Some of the most prominent fracking opponents are changing their tune and appear to accept that fracking and its related technology are inevitable, Loren Steffy writes at Forbes.

Steffy:  "After years of virulent anti-fracking efforts, some residents of northwestern Pennsylvania may be changing their tune. The Associated Press reported recently that critics of hydraulic fracturing in the area around Dimock, the center for many claims about contaminated water and other disastrous environmental fallout, have begun working with the energy industry. Some landowners even have signed natural gas leases and are now touting the environmental benefits of the fuel, which burns cleaner than coal or oil.

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Ohio ready to mark Earth Science Week with maps, programs

By Bob Downing Published: October 8, 2013

From the Ohio Department of Natural Resources:

 

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Heating bills likely to rise this winter for most U.S. households

By Bob Downing Published: October 8, 2013

From the U.S. Energy Information Administartion today:

Oct 8, 2013

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Center offers information on communities facing fracking

By Bob Downing Published: October 8, 2013

From the Massachusetts-based Union of Concerned Scientists on Monday:

Hello,

I wanted to make sure you were aware of some new resources on fracking for natural gas and oil from the Union of Concerned Scientists. We don't take a pro or con position on fracking or natural gas, but instead work to illuminate the fracking debate with objective information about the benefits and risks of new technology.

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Opponents of fracking in national forest to release report

By Bob Downing Published: October 8, 2013

From the Associated Press:

Opponents of opening the George Washington National Forest to so-called fracking are releasing a report to support their anti-drilling cause.

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U. S. shipments of natural gas to Mexico are soaring

By Bob Downing Published: October 8, 2013

From Bloomberg News:

By Naureen S. Malik

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Nikiski emerging as top Alaska site for LNG exports

By Bob Downing Published: October 8, 2013

From the Associated Press:

By BECKY BOHRER

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Compressors, processing plants regulated as individual air sources

By Bob Downing Published: October 8, 2013

More than 450 natural gas compressor stations and processing plants have been built in Pennsylvania since 2008, the Pittsbhurgh Post-Gazette reports.

Collectively, the facilities emit tens of thousands of tons of pollutants a year. But they are all regulated as individual sources, instead of being grouped together.

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Vorys law firm to open new office for drilling in Pittsburgh

By Bob Downing Published: October 7, 2013

A press release from the Vorys, Sater, Seymour and Pease law firm today:

Vorys, Sater, Seymour and Pease LLP announced today that it will strengthen its oil and gas practice by expanding into Pittsburgh and welcoming a team of experienced oil and gas attorneys entrenched in the region’s energy industry. With one of the Midwest’s largest and most experienced oil and gas law practices, Vorys is improving the services it offers clients that are actively pursuing opportunities in both the Utica and Marcellus Shale plays.

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Second McClendon partnership surfaces in Ohio's Utica shale

By Bob Downing Published: October 7, 2013

Aubrey McClendon is eying Utica shale development in Carroll and Columbiana counties in eastern Ohio.

McClendon, ousted last spring as CEO of Cheaspeake Energy Corp., the nation's No. 2 natural gas producer, has new Utica plans.

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Anti-fracking activists starting to work with drilling industry

By Bob Downing Published: October 7, 2013

From the Associated Press:

By KEVIN BEGOS and MICHAEL RUBINKAM

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Ohio set to approve centralized pits for fracking wastewater

By Bob Downing Published: October 7, 2013

Ohio is on the verge of approving centralized wastewater pits for fracking fluids.

Such pits are now banned in Ohio.

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Chesapeake Energy offers little data on wastewater recycling

By Bob Downing Published: October 7, 2013

How much fracking wastewater is being recycled in Ohio?

It's hard to tell.

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Ohio gets $200,000 grant to deal with Utica shale development

By Bob Downing Published: October 7, 2013

A federal grant of $199,766 will be used to develop a new 25-county initiative to deal with Utica shale development in eastern Ohio.

The grant is from the U.S. Department of Commerce's Economic Development Administration.

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Propane, ethane are about 30 percent of barrel of NGLs

By Bob Downing Published: October 7, 2013

From Williams of Tulsa, Okla., and Boardwalk Pipeline Partners LP of Houston, two companies involved in the proposed 1,153-mile Bluegrass Pipeline from Ohio to the Gulf Coast and a new LPG export facility in Louisiana.

An interesting fact on NGLs:

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Tracker Lario adds to holdings in Portage, Trumbull counties

By Bob Downing Published: October 7, 2013

Tracker Lario Utica LLC doesn't have any wells yet in Ohio's Utica shale.

But it is adding to its 25,000 acres in eastern Portage and southwest Trumbull counties.

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Marksmen Energy conducting seismic tests in Ohio

By Bob Downing Published: October 7, 2013

Details are sketchy at best, but an Alberta-based energy company is proceeding with seismic testing on Ohio.

Here is the statement issued recently by Marksmen Energy Inc:

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Chesapeake Energy staff reductions to be completed by Nov. 1

By Bob Downing Published: October 7, 2013

Oklahoma-based Chesapeake Energy Corp. vice president Jeff Mobley last week addressed the energy giant's continuing staff reductions.

An internal review of Chesapeake's operations and any resulting staff reductions should be completed by Nov. 1, he said at the Deutsche Bank Leveraged Finance Conference in Arizona.

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No news on Natrium plant reopening after Sept. 21 fire

By Bob Downing Published: October 4, 2013

There is no news yet on when Blue Racer Midstream's gas-processing and fractionation  plant at Natrium, W. Va., might reopen.

The plant was hit by an explosion and fire on Sept. 21.

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Companies plan LNG export terminal for Bluegrass Pipeline

By Bob Downing Published: October 4, 2013

From the PR News Wire on Tuesday, Oct. 1, on plans for a LNG export terminal in Louisiana that would handle Utica and Marcellus shales via the Bluegrass Pipeline:

Williams (NYSE: WMB) and Boardwalk Pipeline Partners, LP (NYSE: BWP) today announced they have executed joint venture agreements to continue developing a liquefied petroleum gas (LPG) export facility in the Lake Charles, La. area. The proposed Moss Lake LPG Terminal would be located on the Calcasieu River and serve tanker ships transporting LPG to Asian, Latin American and European markets.

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Kennedy calls natural gas development 'a catastrophe'

By Bob Downing Published: October 4, 2013

Environmental activist Robert F. Kennedy Jr., speaking Thursday in Lancaster, Pa., called growing natural gas development in the United States "a catastrophe."

Click  here  to read the account from NPR's StateImpact Pennsylvania.

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Chesapeake expects to ramp up Utica production in late 2013

By Bob Downing Published: October 4, 2013

From Seeking Alpha, based on Chesapeake Energy's presentation on Tuesday at the Deutsche Bank Leveraged Finance Conference.

Here is what Jeff Mobley, the senior vice president of investor relations and research, had to say about Ohio's Utica shale:

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A look at new fracking damage report from Ohio eco-group

By Bob Downing Published: October 4, 2013

Environment Ohio has released a new 47-page report looking at hydraulic fracturing or fracking.

The report is entitled "Fracking by the Numbers."

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Analysts offer updated look at Gulfport Energy, Utica shale

By Bob Downing Published: October 4, 2013

From analysts Tim Rezvan and Truman Hobbs of New York-based Sterne, Agee on Gulfport Energy, a ket player in Ohio's Utica shale:

Our Call
We update our thoughts on the prospectivity of the play's dry gas window, based on recent dialogue with several operators that echo offset operator results and a robust leasing market in eastern Ohio. We anticipate dry gas results by year-end from Gulfport, which could frame the sub-basin's resource potential. Our updated $86 PT reflects an $8,000/acre value for previously risked dry gas acreage and an increase in the value of the delineated wet gas/condensate-rich window.

• The Right Question to Ask: Could Belmont/Monroe County Dry Gas Wells Rival Susquehanna County, PA? We believe the productivity of the dry gas window on the eastern edge of the play remains the single biggest variable that could drive upside for GPOR shares, and until today we assigned it little value in our SOTP PT. The bears are questioning the lack of oil/condensate in Ohio and execution uncertainty, but we believe understanding the quality of the Point Pleasant formation across the entire play is the key question, not execution toward near-term guidance bogies. Recent commentary from several operators on the overpressured dry gas window has been bullish. Those channel checks, coupled with a series of strong results by soon-to-be public operator Antero Resources, lead us to believe returns in the dry gas window could rival/exceed those of the best domestic gas shale plays. In August, Antero announced 24-hour peak IP rates from five wells in western Monroe County, adjacent to Gulfport's southeastern acreage. The wells averaged 7.6 mboe/d (26 mmcfe/d of gas, 3.1 mboe/d NGLs, 137 boe/d condensate).

• New 52-Week Highs + Rising Short Interest = Potential for Sentiment to Improve. GPOR shares have been grinding higher since 2Q earnings, with positive sentiment from continued strong well results proving more impactful than a recent cut to 3Q production guidance. As seen in the table on page 2, short interest has increased this year in conjunction with the stock rally, and we believe this uncertainty in the marketplace suggests divergent thoughts on the company's ability to execute and a potential for sentiment to improve.

Increase PT to $86 from $80 - Despite the Rally, Gulfport Remains the Most Compelling Value in Our Coverage Universe. Our previous $80 PT was based on 70% of Gulfport's 136K net acre leasehold being prospective. We assigned no value to the remaining acreage, which is mostly in the dry gas window. We now believe this is overly punitive to our SOTP value for GPOR shares. We recognize that an $8K/acre value is simple "acreage math," but it is an important first step in acknowledging the potential of the play.
 

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Pennsylvania radiation should be warning to Ohio governor, group says

By Bob Downing Published: October 4, 2013

A press release received on Thursday from Food & Water Watch on new Duke University study:

New Duke Study on Radiation in Pennsylvania Creek Should Serve as a Warning to Ohio Governor

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EID says eco-group's fracking report comes up short

By Bob Downing Published: October 4, 2013

Energy in Depth, a national pro-drilling group, was not impressed by the new report on fracking from Environment Ohio.

Click  here  to read its rebuttal.

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U.S. likely to be top producer of petroleum, natural gas in 2013

By Bob Downing Published: October 4, 2013

From the U.S. Energy Information Administration today:

Oct 4, 2013

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Ohio investigating spill of pipeline lubricant in Harrison County

By Bob Downing Published: October 4, 2013

From the Associated Press:

Environmental regulators worked Thursday to determine the cause of a significant spill of a clay lubricant during construction of an underground pipeline in eastern Ohio.

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Anadarko Petroleum offers update on Colorado floods, drilling

By Bob Downing Published: October 4, 2013

From Texas-based Anadarko Petroleum on Thursday:

 

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Utica shale is still developing in eastern Ohio, the experts say

By Bob Downing Published: October 4, 2013

The Youngstown Vindicator is taking a look at what's happening today in Ohio's Utica shale.

It is not slowing down; it is just developing, says reporter Jamison Cocklin.

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Chesapeake production in Utica expected to grow, analyst says

By Bob Downing Published: October 4, 2013

Here is a look at what's happening to Chesapeake Energy Corp. in Ohio's developing Utcia shale from Trefis of the Seeking Alpha website:

The Utica Shale is an emerging unconventional oil and natural gas play that largely lies under eastern Ohio, as well as parts of Pennsylvania, West Virginia and New York. Chesapeake Energy (CHK) was one of the first companies to commence operations in the Utica shale and is currently the largest and most active leaseholder in the region. While the play is still in its early stages and is small compared to shales such as the Marcellus and Bakken, it looks promising since it is rich in wet gas as well as oil and also happens to be the only land-based oil play east of the Mississippi river giving it proximity to refineries on the East Coast [Motley Fool]. In this note, we take a look at Chesapeake’s operations in the Utica shale play and where they could be headed.

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New report looks at fracking wastewater in Ohio

By Bob Downing Published: October 3, 2013

From Environment Ohio today:

Youngstown, OH — As many Ohioans consider community bans on drilling and state officials demand disclosure of fracking chemicals, a new report charges that Ohio drilling operations are producing 30 million gallons of wastewater each year – enough to flood the Ohio statehouse under 90 feet of toxic waste. The Environment Ohio Research & Policy Center report "Fracking by the Numbers" is the first of its kind to measure the footprint of fracking in Ohio to date.

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Colorado inspectors find 15th flood-related oil spill

By Bob Downing Published: October 3, 2013

From the Associated Press on Wednesday:

By Colleen Slevin
 

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Halliburton to move cement operations from W#. Va. to Ohio

By Bob Downing Published: October 3, 2013

Halliburton Energy Services is moving its cement operations from West Virginia to Ohio, the Zanesville Times  Reporter.

The unknown number of jobs will move from Weston, W. Va., to Zanesville, Ohio.

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Trans Energy sells off Marcellus assets in Tyler County, W. Va.

By Bob Downing Published: October 3, 2013

From Trans Energy Inc on Wedneday.:

 

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Water district defends stewardship record on gas drilling

By Bob Downing Published: October 3, 2013

A statement from the Muskingum Watershed Conservancy District after the district was sued for its natural gas leases and water sales to drillers. The suit was filed in Franklin County Common Pleas Court. Here is the statement:

“While the MWCD has not been served yet with a copy of the lawsuit and cannot comment on its specific contents, the conservancy district stands firmly behind its record of environmental stewardship when it comes to oil and gas leasing. The MWCD has an 80-year history of leasing its properties for oil and gas extraction, has developed a lease that is considered to be a model for the safeguards and environmental protections of public property that are included in it, and at the same time has ensured that public access to its properties for outdoor recreation are not adversely affected.

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EID offers five facts about Duke's study of Pennsylvania creek

By Bob Downing Published: October 3, 2013

From Energy in Depth, a national pro-drilling group:

Five Facts About Duke’s Latest Anti-Shale Study

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Carroll County expands economic development department

By Bob Downing Published: October 3, 2013

Ohio's Carroll County is getting an assistant director of economic development.

Tana McClelland begins her $31,000-a-year job on Oct. 7, according to Ohio Energy Resources.

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Kent State Stark to host 'Triple Divide' screening on Oct. 9

By Bob Downing Published: October 2, 2013

The film, Triple Divide, will be shown Oct. 9 in Jackson Township.

The film will be screened at 6:30 p.m. at Kent State University's Stark Campus. Meet in the Main Hall Auditorium, 6000 Frank Ave. NW, Jackson Township.

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Lawsuit filed against Ohio water district over leases, water sales

By Bob Downing Published: October 2, 2013

A press release received today from two Ohio grass-roots groups:

Lea Harper and her husband Steve, property owners near Seneca Lake in Guernsey County, filed suit in Franklin County Common Pleas Court yesterday after two years of effort and organizing to stop the Muskingum Watershed Conservancy District (MWCD) from leasing public land and selling public water for horizontal, hydraulic, high-volume slick water fracturing (fracking).

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Tuscarawas County firm, McClendon form new JV in eastern Ohio

By Bob Downing Published: October 2, 2013

A Tuscarawas County company is partnering with Aubrey McClendon, the one-time CEO of Chesapeake Energy Corp., to develop Utica shale natural gas wells in Harrison and Guernsey counties.

Joining in the new joint venture is Dover-based Red Hill Development and McClendon's American Energy-Utica.

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Hess Corp. may have to renegotiate 300 Ohio leases

By Bob Downing Published: October 2, 2013

Hess Corp. may have to renegotiate as many as 300 leases in eastern Ohio or risk losing them, in the wake of a federal court decision.

U.S. District Judge Algernon Marbley in Columbus ruled against the company in a case involving expiring leases and a landowner in Jefferson County, Columbus Business First reported.

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Radiation in Pennsylvania creek results from fracking wastes

By Bob Downing Published: October 2, 2013

From Bloomberg News today:

By Jim Efstathiou Jr.

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MarkWest subsidiary to buy 36-mile Ohio rail line for $3 million

By Bob Downing Published: October 2, 2013

From the Salem News last week:

A tentative agreement has been reached to sell the Columbiana County Port Authority’s railroad to a subsidiary of MarkWest Energy Partners.

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Ohio has 563 Utica wells drilled with 162 now in production

By Bob Downing Published: October 2, 2013

Ohio has approved 913 Utica shale permits, as of Sept. 28.

The state has 563 wells that have been drilled, of which 162 wells are in production, the Ohio Department of Natural resources reports..

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Belmont County to get $7,500-per-acre bonus for gas lease

By Bob Downing Published: October 2, 2013

Belmont County in eastern Ohio has signed a natural gas lease that will pay a signing bonus of $7,500 an acre.

That agreement with Pennsylvania-based Rice Drilling D LLC is one of the top reported lease agreements in eastern Ohio.

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Enbridge eying new natural gas pipeline to British Columbia

By Bob Downing Published: October 2, 2013

From Bloomberg News:

Enbridge Inc. (ENB), Canada’s largest oil transporter, is talking with natural gas producers in British Columbia about building a pipeline to carry supplies to the coast where they will be exported to Asia.

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Federal judge certifies Virginia royalty class-action lawsuits

By Bob Downing Published: October 2, 2013

From the Associated Press:

A federal judge has certified a handful of class-action lawsuits accusing two energy companies of cheating southwest Virginia residents out of tens of millions of dollars in royalty payments for natural gas drilled on their land.

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Hagan pleased by ODNR directive on chemical disclosure

By Bob Downing Published: October 1, 2013

A press release today from State Rep. Robert Hagan, D-Youngstown:

COLUMBUS – State Representative Robert F. Hagan (D-Youngstown) today applauded the recent state directive requiring oil and gas companies to disclose a list of what toxic chemicals they use to local governments, first responders and residents. The disclosure requirements, while federally mandated since 1986, were subverted by the oil and gas industry through a corporate carve-out in state law passed in 2001. Rep. Hagan has attempted to rectify this issue with House Bill 596 last General Assembly and again this General Assembly with House Bill 42.

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Gas-fired turbines used to meet peak electricity load

By Bob Downing Published: October 1, 2013

From the U.S. Energy Information Administration today:

 

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McClendon behind a new company: American Energy Utica

By Bob Downing Published: October 1, 2013

Aubrey McClendon has a new company: American Energy Utica, according to CNBC.

The company has $1.8 billion in equity and debt financding and expects to close three deals covering 80,000 acres in the Utica shale in southern Ohio, CNBC reported.

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Royal Dutch Shell selling Eagle Ford shale assets in Texas

By Bob Downing Published: October 1, 2013

Royal Dutch Shell plans to sell its 106,000-acre stake in the Eagle Ford shale formation in South Texas, the Wall Street Journal reported on Sunday.

Shell's decision comes after it took a $2.2 billion charge against its U.S. shale business in August.

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Gap grows between N.Y. fracking supporters, opponents, survey says

By Bob Downing Published: October 1, 2013

The gap between opponents and supporters of hydraulic fracturing has grown to an all-time high in New York, according to a new poll.

The Siena College survey released Monday shows 45 percent of New York voters do not support allowing high-volume fracking in the state, compared to 37 percent who do. Eighteen percent had no opinion or not enough information to formulate one.

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Obama's nominee to be top energy regulator withdraws

By Bob Downing Published: October 1, 2013

From the Associated Press:

President Barack Obama's nominee to be the nation's top energy regulator has withdrawn, saying he doesn't have enough support for confirmation.

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Pennsylvania drilling rules are generally satisfactory, report says

By Bob Downing Published: October 1, 2013

From the Associated Press:

Pennsylvania's oil and gas drilling regulations are well-managed overall, but several key areas could be improved, according to a review released Monday by a group financed by the federal government and industry organizations.

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EQT sues six West Virginia landowners in federal court

By Bob Downing Published: October 1, 2013

From the Associated Press:

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Special zone created in Beaver County for Shell cracker plant

By Bob Downing Published: October 1, 2013

The Keystone Opportunity Expansion Zone has been created in western Pennsylvania where Shell has plans for a $2.5 billion cracker plant.

Click  here  to read the full story from The Shale Reporter.

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ETP chairman envisions return of pipeline deal making

By Bob Downing Published: October 1, 2013

From Bloomberg News:

Kelcy Warren, the billionaire running the third-largest U.S. natural gas pipeline company, says the days of deal making are returning.

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North Carolina fracking commissioners to ease state rules

By Bob Downing Published: October 1, 2013

North Carolina’s fracking commissioners said last Friday that fracking is so inherently safe that they will recommend relaxing the standard by which operators will have to test local well water before they begin drilling for natural gas.

The state’s current testing standard, the strictest in the nation, is designed to give residents a legal remedy against the threat of chemical contamination of wells and aquifers from natural gas drilling.

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Utica and Marcellus shale web sites

Ohio Department of Natural Resources' Division of Oil and Gas Resources Management State agency Web site.

ODNR Division of Oil and Gas Resources Management. State drilling permits. List is updated weekly.

ODNR Division of Geological Survey.

Ohio Environmental Protection Agency.

Ohio State University Extension.

Ohio Farm Bureau.

Ohio Oil and Gas Association, a Granville-based group that represents 1,500 Ohio energy-related companies.

Ohio Oil & Gas Energy Education Program.

Energy In Depth, a trade group.

Marcellus and Utica Shale Resource Center by Ohio law firm Bricker & Eckler.

Utica Shale, a compilation of Utica shale activities.

Landman Report Card, a site that looks at companies involved in gas and oil leases.FracFocus, a compilation of chemicals used in fracking individual wells as reported voluntarily by some drillers.

Chesapeake Energy Corp,the Oklahoma-based firm is the No. 1 driller in Ohio.

Rig Count Interactive Map by Baker Hughes, an energy services company.

Shale Sheet Fracking, a Youngstown Vindicator blog.

National Geographic's The Great Shale Rush.

The Ohio Environmental Council, a statewide eco-group based in Columbus.

Buckeye Forest Council.

Earthjustice, a national eco-group.

Stop Fracking Ohio.

People's Oil and Gas Collaborative-Ohio, a grass-roots group in Northeast Ohio.

Concerned Citizens of Medina County, a grass-roots group.

No Frack Ohio, a Columbus-based grass-roots group.

Fracking: Gas Drilling's Environmental Threat by ProPublica, an online journalism site.

Penn State Marcellus Center.

Pipeline, blog from Pittsburgh Post-Gazette on Marcellus shale drilling.

Allegheny Front, environmental public radio for Western Pennsylvania.